Economists at the Labor Department will issue the monthly nonfarm payrolls report next Friday.
Not exact matches
«The electoral advantages of anti-immigrant politics will only shrink over time, suggesting that Republicans should
at some point — perhaps before the next presidential election — begin to embrace comprehensive immigration reform,» says Mark Price, a
labor economist at the Keystone Research Center, a nonpartisan economic policy think tank in Harrisburg, Pennsylvania.
While this figure might not have market watchers jumping up for joy, «it is a positive sign that more people flowed into the
labor force and shows the
labor market is on the right track,» says Kurt Rankin, an
economist at PNC Financial Services Group.
«Faster economic growth over most of the past year has tightened
labor and product markets and helped to boost prices
at a faster pace,» David Berson, chief
economist at Nationwide, said in a note.
«If you see a few more months of improvement of this magnitude, it is a clear sign that the
labor market is tightening and is poised to break out next year,» said Ryan Sweet, senior
economist at Moody's Analytics in West Chester, Pennsylvania.
Conservative politicians and hawkish
economists have
at times criticized the Fed's «full employment» mandate in large part because the main monetary policy tool, the short - term interest rate, has only an indirect effect on the
labor market.
But as Neil Dutta, Chief
Economist with Renaissance Macro Research points out, if you look
at the actual flow data showing the number of people each month entering and exiting the
labor force, the rate
at which workers are entering the
labor force is actually lower today than
at any point over the last two years.
In stepped Heidi Shierholz, a former
Labor Wage and Hour staffer who is now senior
economist and director of policy
at the left - leaning Economic Policy Institute.
In a statement to the Los Angeles Times, Susan Lund, a
labor economist at global consulting firm McKinsey, noted that with the advent of AI and workplace automation, not everyone needs to have a college degree to thrive.
«The recovery in the
labor market is probably going to be more sluggish than the Fed recognizes,» Michael Hanson, senior U.S.
economist at Bank of America in New York and a former Fed
economist, told the news service.
Raza Agha, chief
economist for the region
at VTB Capital, said NEOM had potential but many aspects needed clarification, such as how the country could obtain the
labor to build it without straining its balance of payments.
«The good news is that we are exporting more, but with the
labor markets incredibly tight,
labor costs are accelerating as well,» said Joel Naroff, chief
economist at Naroff Economic Advisors in Holland, Pennsylvania.
«The tight
labor market is putting some upward pressure on wages, and this should continue as we look for the unemployment rate to trend lower,» said Ryan Sweet, senior
economist at Moody's Analytics in West Chester, Pennsylvania.
GDP has disappointed while the
labor market hasn't,» said Michael Feroli, an
economist at JPMorgan in New York.
Prior to joining the Obama administration, Bernstein was a senior
economist and the director of the Living Standards Program at the Economic Policy Institute, and between 1995 and 1996, he held the post of Deputy Chief Economist at the U.S. Department
economist and the director of the Living Standards Program
at the Economic Policy Institute, and between 1995 and 1996, he held the post of Deputy Chief
Economist at the U.S. Department
Economist at the U.S. Department of
Labor.
«We are in a
labor market where more and more emphasis is placed on cognitive skills and education - based skills, the changing economy,» explains Harry Holzer, a
labor economist who is a professor of public policy
at Georgetown University.
Economists and
labor experts said the approach also made financial sense for Walmart, which has 1 million hourly workers
at its U.S. stores.
Economist Jessica Hinds
at Capital Economics said there is «still plenty of slack in the
labor market» with high jobless rates of 16.1 percent in Spain, 10.9 percent in Italy and 8.9 percent in France.
Classical
economists were careful to define the term «profit» to mean a gain made by investing in plant and equipment (capital) and hiring
labor to produce goods to sell
at a markup.
The opioid crisis has major costs for the U.S. economy, including the
labor market, David Mericle, senior U.S.
economist at Goldman Sachs, said in a Wednesday note.
«The November wage increase is a warning that
labor market conditions are already starting to turn,» said Joel Naroff, chief
economist at Naroff Economic Advisors in Holland, Pennsylvania.
FPI Senior
Economist Trudi Renwick made the keynote address
at the Southern Tier
Labor - Religion Coalition's annual Solidarity Supper.
At 9 a.m. on Monday the Center for New York City Affairs in New School will host «Low - Wage NY: Pay Raises and Working New Yorkers» with
economists,
labor leaders, activists and policymakers.
Paula Stephan, a
labor economist at Georgia State University in Atlanta and a member of the next generation committee, has described these arrangements and their effects in exacting detail in her book, How Economics Shapes Science, and a number of the previous reports and studies concur with her observations.
Labor economist Paula Stephan of Georgia State University in Atlanta welcomed the study, calling it «path breaking» for looking
at productivity
at the laboratory level.
And that's just a start, says Robert Drago, a
labor economist at Pennsylvania State University, University Park, who studies bias a gainst caregiving in the workplace: «From providing affordable housing near campus to subsidizing daycare, there's a lot that institutions should be doing if they mean business.»
Job opportunities for faculty are «better now than they have been for many years,» says Tina Shelley, supervisory
economist at the U.S. Department of
Labor's Bureau of
Labor Statistics (BLS).
For those doing the hiring, «the benefit of high - skill immigration» is that it «allows employers to pick» the workers they want from a large pool, explained Jennifer Hunt, a
labor economist at Rutgers University in New Brunswick, New Jersey.
«It's an unstable system,» says Paula Stephan, a
labor economist at Georgia State University.
He is a former Chief
Economist for the U.S. Department of
Labor and a former Professor of Economics
at Michigan State University.
Scott Imberman has presented
at numerous academic conferences including annual meetings for the American Economic Association, the Association for Public Policy Analysis and Management, the Society of
Labor Economists, and the Association for Education Finance and Policy.
Four decades ago, noted
economist William Baumol argued that the idea of reducing costs in education and similar
labor - intensive industries by substituting capital for
labor or less - skilled
labor for higher - paid professionals was impractical,
at best.
The Great Stagnation of American Education New York Times, 9/7/13» [Professor] Richard J. Murnane, an educational
economist at Harvard, has found evidence that high school and college completion rates have begun to rise again, although part of this may be a result of weak
labor markets that induce students to stay in school rather than face unemployment.»
In 2009 - 2010 he served as a Senior
Economist for the Council of Economic Advisers and then as Chief
Economist at the U.S. Department of
Labor.
Dan Goldhaber, a
labor economist at the University of Washington, and Eric Hanushek, a senior fellow
at the Hoover Institution
at Stanford, were two of the expert witnesses who spoke against teacher tenure in Vegara v. California.
The American Prospect's Rachel Cohen interviewed Jesse Rothstein, the former chief
economist at the U.S. Department of
Labor and a current public policy and economics professor
at the University of California, Berkeley, who testified during the Vergara trials in defense of California's teacher tenure and seniority statutes.
Most
economists at the time saw it as a short - term
labor supply issue that would soon sort itself out.
«Rising equity markets, improving
labor market conditions, rising home values and relative stability in Washington has consumers feeling more optimistic as we turn the corner into 2014,» said Lindsey Piegza, chief
economist at Sterne Agee.
Unemployment: Celia Chen, an
economist at Moody's Economy.com said, the erosion of the
labor market — the unemployment rate recently hit 9.5 percent — is the key factor in the rise of home foreclosures, says «Employers continue to shed jobs, and that makes it difficult for even people with good credit who were doing fine to keep up with their mortgage payment,» Chen says.
He says that
at the simplest
economists study how society distributes resources,
labor, raw materials, land, and machinery, to produce goods and services.
An odd and intriguing opportunity
at first glance: Your everyday hustler might spot an easy mark and a quick Jackson, while the savvy
economist might wonder about the exchange value for that
labor.
The value of a diverse discussion was never clearer than
at the special Vatican meeting just over a year ago
at which scientists, church figures,
economists, a
labor - rights campaigner and others (including me) gathered to ponder this theme: «Sustainable Humanity, Sustainable Nature, Our Responsibility.»
For example,
at the first meeting of the Ministerial Taskforce on Longer Term Economic Growth in 1985, which included five senior Hawke Government (
Labor) Cabinet members, the Chair, Industry Minister Senator John Button, told the assembled
economists etc (mainly
economists) to forget ALP policy, to forget ACTU policy, what the government wanted to know was how best to proceed for the Australian community as a whole.
«There is this popular view that if you can automate one piece of the work, the rest of the job is toast,» said Frank Levy, a
labor economist at the Massachusetts Institute of Technology.
«Despite meager inflation growth, the Federal Reserve decided to raise rates 0.25 percent, which is likely attributed to future inflation concerns over: a tightening
labor market; limited
labor productivity growth; and the Congressional Budget Office projecting large deficits due to the Republican tax plan,» said Joseph Kirchner, senior
economist at realtor.com ®, in a statement.
The following is NAR Chief
Economist Lawrence Yun's reaction to this morning's U.S. Bureau of
Labor Statistics release on employment conditions in February: «The strong job growth assures
at least three interest rates hikes by the Federal Reserve in...
«The fact of the matter is, we have much higher rates of employment today than we did in 1954, but our level of taxation is considerably higher,» said Gary Burtless, a
labor economist at the Brookings Institution.
«The
labor market is soft but not falling apart,» says Joel L. Naroff, chief
economist at Naroff Economic Advisors in Holland, Pa. «The economy is not on the verge of a recession.»